$1,543 Closing Credit*
$129,900
1,294 SqFt
2 Beds
•1 Full Bath
Fern Bolles, Listing Office: White Buffalo Realty, Inc.
Is Lone Grove, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lone Grove was a Seller's Market.
Key Takeaway
Lone Grove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lone Grove, OK
How much do homes in Lone Grove, OK cost?
Median Sold Price
$230,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$20,000(-8.0%)
Key Takeaway
Homes in Lone Grove have sold for 8% less than they did a year ago.
Summary: The median home sold price in Lone Grove was $230,000 in November 2024, down 8% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $119.9K | $168.5K | +40.5% |
| 3 Bedrooms | $260K | $230K | -11.5% |
| 4 Bedrooms | $235K | $255K | +8.5% |
| 5+ Bedrooms | - | $487.5K | N/A |
Summary: Lone Grove housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 40.5%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ardmore | $190K | $201K | +5.8% |
| Lone Grove | $250K | $230K | -8.0% |
Housing Supply in Lone Grove, OK
How many homes are available in Lone Grove, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 28 | -3.4% |
Summary: The Lone Grove real estate market had 28 homes for sale in November 2024, a 3.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 19 | 16 | -15.8% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Lone Grove housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.8%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lone Grove, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Lone Grove in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Lone Grove, OK
How long does it take to sell a home in Lone Grove, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 62 Days | 49 Days | -19.9% |
Summary: Homes in Lone Grove had an average of 49 days on market in Nov 2024, down by 19.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lone Grove has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Lone Grove; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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